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The government interventions during the subprime mortgage crisis were a response to the 2007–2009 subprime mortgage crisis and resulted in a variety of government bailouts that were implemented to stabilize the financial system during late 2007 and early 2008.
The company planned to use that store as a test model prior to fine-tuning and expanding in that region. In April 2017, they bought a former B&Q store in Folkestone to be the fifth Bunnings store in the UK. [47] On 25 May 2018, after mounting losses, Wesfarmers sold the UK and Ireland Bunnings/Homebase operation to Hilco for a nominal sum of £ ...
On 2 July, the government revised the total number of cases down by 30,302 because some people were counted twice in the earlier figures. The actual increase in the number of cases for 2 July was 576 or 0.18%. [83] Also on 2 July, the UK Government removed 75 countries from the England-related quarantine list since they were now dubbed "low risk".
In the period September 2007 to December 2009, during the Global Financial Crisis, the UK government intervened financially to support the UK banking sector, and four UK banks in particular. At its peak, the cash cost of these interventions was £137 billion, paid to the banks in the form of loans and new capital.
The UK Government put an order in for 10,000 devices. Mercedes made the drawings for the device available for free to help other countries fight COVID-19. [153] [154] On 16 April the MHRA approved the Penlon Prima ESO2, design which was part of the stream known as VentilatorChallengeUK. The UK government ordered 15,000 of these devices.
“The Labour Government has ended the era of Tory austerity and delivered the largest budget settlement for Scotland in the history of devolution, boosting funding by £5.2 billion and enabling ...
Normally, the UK would have published an open call for bids to provide PPE and other equipment in the Official Journal of the European Union. However, under EU directives, when there is an "extreme urgency" to buy goods or services, the government does not have to open up a contract to competition; it can instead approach companies directly. [266]
18 July – More than 100 MPs write to Prime Minister Boris Johnson calling for a recall of Parliament to debate concerns that the UK faces "a national emergency" over Brexit. [ 80 ] 22 August – Boris Johnson meets French president Emmanuel Macron in Paris, insisting that the Brexit impasse can be broken "with energy and creativity".